Cryptocurrency-linked equities were higher in pre-market trading on Monday, as major coins rallied sharply from the “Black Friday” crash.
These Stocks Are In The Green
Strategy, the world's largest Bitcoin (CRYPTO: BTC) treasury firm, was up 1.80%, while cryptocurrency exchanges like Coinbase and Bullish were up more than 2.60% each.
World's biggest Bitcoin mining firm MARA Holdings rallied over 3%, while Ethereum (CRYPTO: ETH)-centric treasury company Bitmine climbed over 6%.
| Stocks | Gains +/- | Pre-Market Price (Recorded at 4:50 a.m. ET) |
| Bitmine Immersion Technologies Inc. (AMEX:BMNR) | +6.73% | $55.97 |
| MARA Holdings Inc. (NASDAQ:MARA) | +3.81% | $19.34 |
| Coinbase Global Inc (NASDAQ:COIN) | +2.64% | $366.50 |
| Bullish (NYSE:BLSH) | +2.60% | $61.98 |
| Strategy Inc. (NASDAQ:MSTR) | +1.84% | $310.40 |
See Also: Trader Who Made $160 Million Shorting Bitcoin, Ethereum Before Trump’s Tariff Threat Is Doubling Down: ‘Did Someone Know’
Crypto Market Pares Losses
The rally comes after major cryptocurrencies staged a sharp recovery Sunday, overcoming the ';Black Friday’ that wreaked havoc and led to billions in liquidations.
Investors sensed signs of de-escalation between the U.S. and China after Trump said, “It will all be fine” via his Truth Social, days after threatening 100% tariffs on the Asian nation and sparking global jitters about a trade war.
U.S. stock futures rallied Monday morning, driven by easing concerns over trade relations with China and a rebound in oil prices.
Price Action: At the time of writing, BTC was exchanging hands at $115,261.73, up 3.55% in the last 24 hours, according to data from Benzinga Pro. ETH traded up 9.32% at $4,174.39 at last check.
The MSTR stock exhibited a high growth score -- a measure of the stock’s combined historical expansion in earnings and revenue across multiple periods. How does it compare to Coinbase and the other cryptocurrency-linked stocks mentioned above? Visit Benzinga Edge Stock Rankings to find out.
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